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Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Cost reduction is still very important.

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Do You Need a Graph?

Supply Chain Shaman

My Perspective and Point of View Traditional supply chain technologies depend on relational database structures. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. I term this our data jail. The So What And Who Cares?

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Healthcare Purchasing and Inventory Management Meets Invoicing Automation | Hybrent Announces Partnership Integration with Sage Intacct

Hybrent

Hybrent’s complete supply chain suite including eProcurement, Inventory Management, Invoicing Integrations, and Reporting functions streamline the procure-to-pay process for healthcare organizations. . Many Healthcare providers lack the tools or resources to effectively manage their vendors and supply costs.

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Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

The Internet of Things (IoT), comprised of physical devices equipped with remote sensors that capture and transmit large amounts of data, is already making a big impact in the supply chain industry. Advanced and predictive analytics. Advanced and predictive analytics are deployed in real- or near-real time.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

While most studies focus on USA and Europe, we recognised the unique challenges faced by Asian supply chains, especially during the pandemic. Leading firms now recognize the need for supply chain leaders who can coordinate the entire end-to-end process, despite not having complete control.

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SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. In fact, the teams ignore the forecast.